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Carbon Forward Asia, held from March 4 to 5 in Singapore, featured a panel on the second day titled “Removals: Putting the Net into Net-Zero,” which explored the opportunities and challenges for advancing carbon removal in Asia.

Singapore’s Minister for Manpower and Second Minister for Trade and Industry announced that Singapore has signed carbon credit transfer agreements with three countries to fulfill its Nationally Determined Contributions (NDCs) under the Paris Agreement.

A recent study in Ecological Solutions and Evidence shows just how complicated and challenging it is to achieve carbon sequestration goals through forest management — but not impossible.

Chemicals company BASF has started tests in the depths of the Upper Rhine Plain to explore the potential of using geothermal energy, business daily Handelsblatt reported.

Thailand's carbon market is still in its early stages, with its Securities and Exchange Commission estimating that the voluntary carbon market (VCM) will be launched by 2027, ahead of the mandatory market.

Malaysian government officially unveiled the Carbon Capture, Utilization, and Storage (CCUS) Bill 2025 on March 4, establishing a legal framework for the development of the industry.

European Commission President Ursula von der Leyen announced that this month, the Commission will propose amendments to the carbon emission reduction rules for European car manufacturers.

Thailand, which has been suffering from high electricity prices, faced a setback when the Energy Regulatory Commission (ERC) proposal to reduce renewable energy investments was rejected.

Indonesia's government is set to implement a cap-and-trade carbon trading system, with more details expected to be released in August this year.

Petronas released its latest financial report, showing a 34% drop in annual profit. The company attributed this decline to falling international oil prices again and committed to continued investments in renewable energy and low-carbon initiatives.

According to the draft proposal, the official implementation of the EU Carbon Border Adjustment Mechanism (CBAM) will be delayed until 2027. Small and medium-sized importers will have the opportunity to qualify for exemptions.

Short video platforms are booming globally, but their environmental impact is not to be overlooked. TikTok is not only building green data centers but also investing in carbon removal technologies as part of its long-term decarbonization plan.